JeffBo

Applying common sense in a world gone mad. Certified disrupter, rabble rouser and button pusher. NO DMs. I follow back. Proudly blocked by many.

[JeffBo @JeffBoChicago]

My blocked Badge-of Honor Hall of Fame

[JeffBo @JeffBoChicago]

@Get_Vooped @skumWgmi But you’ll never have to worry about that. You’ll never make enough money to get out of the lowest tax bracket.

[JeffBo @JeffBoChicago]

@DaveDignity @giantsfan74 @skumWgmi Higher percentages kick in at the higher income levels, not retroact to the beginning.

[JeffBo @JeffBoChicago]

@HMcIntyre890 @OrevaZSN Most of those jobs don’t require many skills, so how do you justify paying them as much as skilled jobs?

[JeffBo @JeffBoChicago]

@JamalNeff @Chicago_Goofies But we have neither in our current mayor.

[JeffBo @JeffBoChicago]

@tweet_chicago @Chicago_Goofies Like we have that now?

[JeffBo @JeffBoChicago]

@Chicago_Goofies In a second.

[JeffBo @JeffBoChicago]

@chemosh933 @giantsfan74 @skumWgmi Same response

[JeffBo @JeffBoChicago]

@chemosh933 @ULTRAJOEBALL @skumWgmi So Jeff Bezos, Elon Musk don’t create jobs? Larry Ellison?

[JeffBo @JeffBoChicago]

@HMcIntyre890 @OrevaZSN Can you give me an example of a job or job type you’re referring to?

[JeffBo @JeffBoChicago]

@DaveDignity @ULTRAJOEBALL @skumWgmi So where should the 90% rate kick in?

[JeffBo @JeffBoChicago]

Record profits in mostly public companies (which is all they can really measure). That money stays in the company. Execs, including CEOs are paid with salary and bonuses.

And even if the 90% threshold was, say 1.5M, with no loopholes or deductions who’s gonna keep going after that? You’ll just see more creative accounting.

[JeffBo @JeffBoChicago]

@DaveDignity @giantsfan74 @skumWgmi You’re correct. They are marginal. How does that justify applying a 90% tax bracket to any level? Where should it kick in?

[JeffBo @JeffBoChicago]

@rluxem12257 @bigbilly2588 @ULTRAJOEBALL @skumWgmi Huh? So nobody that wealthy can have done it by pure risk taking and innovation?

Sounds like jealousy to me.

[JeffBo @JeffBoChicago]

@BowieFan2024 @ULTRAJOEBALL @skumWgmi He just brought down the highest bracket in 2017 from 39.6% to 37%. He also increased the child credit deduction. What you’re saying isn’t accurate.

[JeffBo @JeffBoChicago]

@peteaxelsen @MarcoFoster_ @grahamformaine @NPR How so? I’m in the same business. What reputation for being corrupt? Home builders that aren’t straight shooters (I’ve only known that to mean honest and always wanting to do the right thing) generally don’t last.

[JeffBo @JeffBoChicago]

@HMcIntyre890 @OrevaZSN The gains from their labor? If someone’s being underpaid for their position, get a new job.

[JeffBo @JeffBoChicago]

@peteaxelsen @MarcoFoster_ @grahamformaine @NPR You make it sound like people are forced to stay in jobs where they’re being underpaid. If you underpay your people, expect to either keep losing them, or get the worst of the worst.

[JeffBo @JeffBoChicago]

@DaveDignity @giantsfan74 @skumWgmi So high earners actually paid 90% net taxes? And you’re calling other people dumb? That’s hysterical.

[JeffBo @JeffBoChicago]

@giantsfan74 @skumWgmi It’s not 90% doofus.

[JeffBo @JeffBoChicago]

@bigbilly2588 @ULTRAJOEBALL @skumWgmi Because nobody paid 90%. Use your head if you have one. Do you really think people would start companies and take risks doing it is they knew they’d have to give up 90% of their income if they were successful?